31 CFR 309.13
§ 309.13 Functions of Federal Reserve Banks.
United States · 31 CFR — Money and Finance: Treasury · Status: effective
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- Citation
- 31 CFR 309.13, § 309.13 Functions of Federal Reserve Banks, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/139751
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Full text
Federal Reserve Banks and Branches, as fiscal agents of the United States, are authorized to perform all such acts as may be necessary to carry out the provisions of this circular and of any public notice or notices issued in connection with any offering of Treasury bills.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.